Brossard, Quebec - TheNewswire - February 20, 2025 – Windfall Geotek Inc. (“Windfall” or the “Company”) (CSE: WIN, OTCQB: WINKF, FSE: L7C2) is pleased to announce the appointment of Marcel Robillard, Michel Fontaine, and Mario Drolet to the board of directors of the Company.

 

The Company also announces the resignations of David Beck, Dorian Nicol, and Joseph Lafleur from their roles as directors of the Company, effective immediately. The Company would like to thank Messrs. Beck, Lafleur, and Nicol for their contributions during their tenure and wish them well in their future endeavours.

 

In connection with the changes to the board of directors, Messrs. Beck, Nicol and Lafleur will not be standing for re-election at the meeting of shareholders of the Company to be held on February 21, 2025 (the “Meeting”). As a result of the changes to the board of directors of the Company, Messrs. Robillard, Fontaine and Drolet will be standing for election as directors at the Meeting.

 

About the New Nominees

 

Marcel Robillard

 

Mr. Robillard is an experienced geologist with over 25 years of experience in the mining industry. He has been the President and CEO of Puma Exploration Inc. (TSXV:PUMA) in since 2009. Mr. Robilliard also serves on various boards of public mining companies, including Canadian Copper Inc. (CCI:CSE) and PEZM Gold Inc. (TSXV: PEZM.H) and previously served as a director of BWR Exploration from 2016 to 2020. From 1998 to 2007, Marcel held the position of Project Geologist and Project Manager at Géominex, a geology and exploration consulting Company, before taking on the role of President from 2007 to 2015. Marcel has a B.Sc. in Geology and an M.Sc. in Earth Sciences from the Université du Québec à Montreal, Canada.

 

Michel Fontaine

 

Mr. Fontaine is a private investor, entrepreneur, and independent board member with broad experience in the financial and mining industries spanning over two decades. He is the founder of Windfall in 2005 and previously served as its President and CEO from 2015 and 2021, and remained involved with the Company as its sales manager. Prior to founding the Company, Mr. Fontaine worked at Merrill Lynch and BMO Nesbitt Burns Inc. as a financial advisor. Mr. Fontaine also has extensive experience serving on the boards of public mining companies and has served on the board of Puma Exploration Inc. (TSXV:PUMA) since 2020. He also previously served on the boards of Metanor Resources Inc., Everton Resources Inc. and Majescor Resources Inc.

 

Mario Drolet

 

Mr. Drolet is a seasoned finance professional with over 30 years of experience across capital markets and investor relations globally. He is the founder and president of MI3 Financial Communications Inc., in which capacity he has worked with numerous mining companies providing financial communication and market intelligence services. Mr. Drolet has a track record of fostering growth for small to medium sized public companies by enhancing visibility, attracting investors, and facilitating capital-raising initiatives. He had also previously worked with the Montréal Exchange and CIBC Wood Gundy. In addition to his broad financial expertise, Mr. Drolet also serves on the boards of Leopard Lake Gold Corp. (CSE:LP) and QNB Metals Inc. (CSE:TMI.X). He previously served on the board of Sparks Energy Minerals Inc.

 

Windfall Management’s Recommendations

 

The Company is confident in the skills of its directors and the revised director nominees for the upcoming Meeting. Accordingly, the Company recommends that shareholders vote FOR the election of Messrs. Robillard, Fontaine and Drolet as directors at the Meeting. The management proxyholder intends to use the discretion under previously submitted proxies to vote FOR the election of the new director nominees.

 

About Windfall Geotek

Windfall Geotek Inc. is an exploration mining company, which utilizes its proprietary AI (artificial intelligence) technology platform to establish a competitive advantage in the identification, selection, and development of prospective exploration mining opportunities. Since the time of incorporation, the principal business carried on by the Company has been the acquisition, exploration, and development of mineral properties. To assist with the assessment of, and funding in properties, the Company has utilized its platform for the acquisition mineral exploration claims, and the investment in exploration mining companies. Management believes that this platform also enables the Company to diversify risk, and obtain an alternate source of funding through the sale of its AI solutions services through which the Company has been generating revenue.

For further information, please contact:

Michel Fontaine, Director       

Email:  michel@windfallgeotek.com

Phone: 514-994-5843

Website: www.windfallgeotek.com

Additional information about the Company is available under Windfall’s profile on SEDAR+ at www.sedarplus.ca. Neither the Canadian Securities Exchange nor does its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release.

 

FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and using information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and they are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR+ in Canada (available at WWW.SEDARPLUS.CA).